FX option expiries for 27 July 10am New York cut

<p>There is one to take note of for the day, as highlighted in bold.</p><p>That being an extremely large set of expiries for EUR/USD at 1.1100-05, which is likely to act as a magnet and limit any upside price action in the session ahead before we get to the ECB policy decision and Lagarde press conference. There are also several large-ish ones for the pair as well but given where the spot price is, the one highlighted is likely the only one to factor into the equation today.</p><p>For more information on how to use this data, you may refer to this post <a href="https://www.forexlive.com/Education/!/forexlive-education-option-contracts-their-impact-and-how-to-trade-off-them-20161116/" target="_blank" rel="follow">here</a>.</p>

This article was written by Justin Low at www.forexlive.com.